Bio

Brian Melzer is an economist at the Federal Reserve Bank of Chicago who studies household finance, real estate, financial intermediation, and financial regulation.

His recent research examines the costs and benefits of financial advice. He has also studied the impact of payday loans on household well-being, the default and investment behavior of heavily indebted homeowners, and the impact of interest rate regulations in auto lending. His articles have been published in leading economics and finance journals such as the Quarterly Journal of Economics, the Journal of Finance, and the Review of Financial Studies.

He received a Ph.D. in Economics from the University of Chicago Graduate School of Business, and undergraduate and master’s degrees in philosophy from Princeton University and the University of St Andrews. Prior to joining the Federal Reserve Bank of Chicago, he was a professor of finance at Northwestern University’s Kellogg School of Management.

Brain Melzer portrait